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BNP Paribas Announces Settlement with the US Federal Reserve Regarding Activity in the FX Markets from 2007 to 2013

BNP Paribas Announces Settlement with the US Federal Reserve Regarding Activity in the FX Markets from 2007 to 2013

PARIS, Jul. 17 (Korea Bizwire) — BNP Paribas today announced a settlement with the Board of Governors of the Federal Reserve System (“FRB”) relating to past misconduct in its foreign exchange business. Under this settlement with the FRB, BNP Paribas will pay a fine of USD 246 million (approximately 215 million euros) which will be [...]